Flat 37, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR is a leasehold flat built between 1996-2002. The property offers approximately 344 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £276,164 , which equates to approximately £802 per square foot. It was last sold on 19 Aug 2016 for £240,000. Since then, the value has increased by £36,164, representing a 15.1% increase, or approximately 1.6% per year.

The current estimated value of £276,164 is:

  • 30.7% lower than the average property price on Monarch Way
  • 24.9% lower than the average in the IG2 7HR postcode area
  • and 44.4% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 August 2012, the property was recorded as owner-occupied.

View sold house prices in IG2 7HR

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
344 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£276,164
Price Per sq ft (estimate)
£802
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 37, Memorial Heights Monarch Way, Newbury Park, Ilford, Redbridge, Greater London Authority, IG2 7HR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Aug 2012.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Dec 2008. The rating of C is unchanged, though the energy efficiency score decreased by 6.8%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 75% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to IG2 7HR

56 th / 81
Price Rank
25% lower than average
76 th / 76
Size Rank
45% smaller than average
1 st / 76
Price Per Sq FT Rank
37% higher than average

Compared to other properties in IG2 7HR , this flat's estimated value ranks 56th out of 81. Based on price per square foot, it ranks 1st out of 76 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 76th out of 76 properties in its postcode area.

Sale History

Today
£276,164
streetscan.co.uk estimate
+15 %
19 Aug 2016
£240,000
Leasehold
+10.3 %
20 Dec 2004
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 334 sq ft
sale price: £185,000
sale date: 11 Apr 2014
rooms: 3
size: 372 sq ft
sale price: £240,000
sale date: 2 Dec 2004

Data Sources

The property at Flat 37, Memorial Heights Monarch Way, Newbury Park, Ilford, IG2 7HR appears two times in the Land Registry records, with the latest transaction recorded on 19 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Aug 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.